TerreStar Corporation (fka TSTRQ)

[Anna3]

TSTRQ: TerreStar Corporation filed with the U.S. Bankruptcy Court a motion for an order approving a management compensation program for three of its officers. The amount that will be paid to the key executives under the compensation program is capped at $500,000. The Court scheduled an August 26, 2011 hearing on the matter.

And here goes another half of mil from the equity...

Anybody here still believes that the management has any interest to save the commons?? Who (managers) would in their right (greedy) mind would do that when they can make claims on their own... Just my opinion.

Good luck